Fiscal Policy
Japan Drops Request Ceiling for New Growth-Investment Budget Framework Ahead of FY2027
Japan's Cabinet approved basic guidelines for the FY2027 (Reiwa 9) budget request round on 30 July 2026, creating a new "Strong and Prosperous Japan" Investment Framework held outside normal spending categories.
3 Sept
Fiscal Policy
Indonesia Unveils Rp4,097.2 Trillion Budget for 2027, Targets 6% Growth and a Narrower 2.40% Deficit
President Prabowo Subianto presented Indonesia's 2027 Draft State Budget (RAPBN) to the House of Representatives on August 14, 2026, proposing state expenditure of Rp4,097.2 trillion, up from Rp3,842.7 trillion in the 2026 budget.
1 Sept
Fiscal Policy
Treasury Proposes Rules Spelling Out Who Needs a License to Issue Stablecoins in the US
The US Treasury Department issued a Notice of Proposed Rulemaking on August 17 defining when a company "issues" or "offers and sells" a payment stablecoin in the United States under the GENIUS Act.
1 Sept